Answer:
D = $8637.45
Step-by-step explanation:
Rate = 3.65% = 0.0365
Principal = 5000
Time (t) = 15 years
N = 12 (since its compounded monthly)
Compound interest (A) = P(1 + r/n)^nt
A = 5000(1 + 0.0365 / 12)^15*12
A = 5000(1 + 0.00304)¹⁸⁰
A = 5000(1.00304)¹⁸⁰
A = 5000 * 1.7269
A = 8634.86
The investment would worth $8634.86
Note: the final answer may vary slightly from the answer in the options due to ± from approximation
In order to find the slope intercept form of the given coordinates above (-6,-3)(-9,-2) then you need to use the point slope formula :y-y1=m(x-x1) .now allyou have to due is to label each of the given coordinates x1,y1 and x2 ,y2.This will help with the differentiation of the given coordinates.Once you have done this apply the info within the formula ,and you will get an answer of :y= -1/3x - 5 ,and of course your slope is -1/3 and the y-intercept is -5 .
I’m pretty sure it’s D, if you count your boxes from the origin you go up four and over one so it would be 4x for slope
2/3 of a minute is longer than 1/3 of a minute
